AUTHORITY TO LEASE. Upon the default by Assignor under the Loan Documents, Assignee shall have the right, power and authority to lease or rent the Premises or any part thereof; to employ an agent to manage and rent the Premises, to make any and all improvements to the Premises deemed solely by Assignee to be necessary for the leasing of the Premises, to maintain and keep the Premises in a rentable condition and in a good state of repair, to purchase any and all supplies, materials and equipment deemed necessary by Assignee in the continued operation and maintenance of the Premises, to pay all utilities, taxes and assessments for the Premises now due and to become due which are or may become liens against the Premises, to pay the principal and interest which are or may become due under the Loan Documents, to pay the premiums on all insurance policies affecting the Premises which are or may become due, to comply with all orders or notices of any governmental authority having jurisdiction over the Premises, to discharge Mechanic’s Liens or any other interests or liens filed against the Premises either by payment to the lienor or by filing with the appropriate court a bond pursuant to court order, and to pay all charges and expenses incurred in the operation of the Premises.

AUTHORITY TO LEASE. Owner agrees to promptly refer to Broker all inquiries concerning the Property during the term of this Agreement. Owner expressly grants to Broker the authority to negotiate leases and lease renewals and agrees to accept a lease that satisfies Xxxxxx’s criteria. Tenant may not take possession of the Property until a fully executed lease has been delivered to Xxxxxx and Owner agrees to execute and return any such lease to Broker by fax or overnight mail within 24 hours of Owner’s receipt. In the event that a prospective tenant places a deposit with Broker or Owner and Xxxxxx fails to execute a lease or take possession, said deposit, if retained, shall be dispersed 50% to Owner and 50% to Broker. Xxxxxx retains the full right to make any decisions on the return or retention of the deposit if the applicant demands the deposit return and there is a dispute. Owner acknowledges that by entering into this Agreement, Xxxxxx does not guarantee that the Property will be leased. Broker will use its best efforts to obtain a tenant. Owner certifies and represents that Owner has the legal authority and capacity to lease the Property and the Property to be leased is a legal rental unit and rental of same will not violate any laws, ordinances, or rules. REQUIRED ADDENDA: (a) Proof of Ownership (i.e. Deed, copy of public records, or HUD statement) and (b) Lead paint disclosure (if built prior to 1978).

AUTHORITY TO LEASE. Owner agrees to refer to Broker all inquiries concerning the Property during the term of this Agreement. Owner expressly grants to Broker the authority to negotiate leases & renewals and agrees to accept a lease that satisfies the Owner’s criteria as expressly set forth in Paragraph 4. Tenant may not take possession of the Property until the lease is fully executed. If Owner is to sign all leases, Owner agrees to execute & return any such lease to Broker by fax or overnight mail within 24 hours of Owner’s receipt. In the event that a prospective tenant places a deposit with Broker or Owner and Tenant fails to execute a lease or take possession, said deposit or any portion thereof, if retained, shall be disbursed 100% to Owner.

AUTHORITY TO LEASE. Owner agrees to promptly refer to Broker all inquiries concerning the Property during the term of this Agreement. Owner expressly grants to Broker the authority to ﾐegotiate leases aﾐd lease reﾐe┘als aﾐd agrees to aIIept a lease that satisfies the Broker’s criteria. Tenant may not take possession of the Property until a fully executed lease has been delivered to Broker. In the event that a prospective tenant places a deposit with Broker and Tenant fails to execute a lease or take possession, said deposit, if retained, shall be disbursed 50% to Owner and 50% to Broker. Broker retains the full right to make any decisions on the return or retention of the deposit if the applicant demands the deposit return and there is a dispute. Owner acknowledges that by entering into this Agreement, Broker does not guarantee that the Property will be leased. Broker will use its best efforts to obtain a tenant. Owner certifies and represents that Owner has the legal authority and capacity to lease the property and the Property to be leased is a legal rental unit and rental of same will not violate any laws, ordinances or rules.

AUTHORITY TO LEASE. As of the Commencement Date, Lessee and Lessor will have the necessary corporate authority and approval to enter this Lease. Lessee represents and warrants that: (a) it has secured all requisite corporate and governmental authority to enter into this Lease and conduct operations upon the Track and Land; and (b) it has secured all requisite governmental authority to conduct common carrier railroad freight operations upon the Track and Land.

AUTHORITY TO LEASE. The Board of Directors may enter into lease agreements for real or personal property consistent with Maine law as described below. All parties agree that during the term of this Amended Agreement no leases that extend beyond the term of this Amended Agreement will be entered into for the Program.

AUTHORITY TO LEASE. The Board of Trustees of the District at its regular board meeting held on November 12, 2015 approved the intent to lease a parcel of land including existing vineyards more specifically described below as the Property (hereafter the “Property”). Pursuant to Education Code Section 81378.1, the Board has determined that the Property offered for lease under this Lease Agreement will not be needed for academic activities for the period of time encompassed and designated in the Term Section of this Lease. Such Term shall not exceed five (5) years. The Board further certified that the fair market value of the lease of the Property shall not exceed $25,000 per year.

AUTHORITY TO LEASE. 7 14. ENVIRONMENTAL.................................................................................. 8 15.

AUTHORITY TO LEASE. Landlord is a public school district of the State of Texas and under Texas Education Code § 11.151 is authorized to lease school district property pursuant to the approval of its board of trustees, so long as the lease does not interfere with use of the property by the school district and so long as the use does not divest the school district of the exclusive right to manage and control the property.

AUTHORITY TO LEASE Sample Clauses

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